Compeer Financial Closes Preferred Stock Capital Transaction
Summary
Sun Prairie, Wis., (November 20, 2025) Compeer Financial, a member-owned Farm Credit cooperative, today announced the closing of its private offering of $300 million in perpetual preferred stock to augment its capital position.Were excited to see such strong interest from the broader investment community in supporting agriculture, said Jase Wagner, president and CEO of Compeer Financial. This capital strengthens our ability to partner with clients in meaningful ways helping them innovate, manage risk and keep their operations moving forward with confidence.Piper Sandler & Co. acted as the sole initial purchaser. McDermott Will & Schulte LLP served as legal counsel to Compeer Financial and Davis Polk & Wardwell LLP served as legal counsel to the initial purchaser.This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.Any forward-looking statements are based on current expectations and are subject to uncertainty and changes in circumstances. We undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural communities. The $34.3 billion organization provides loans, leases, risk management and other financial services throughout 144 counties in Illinois, Minnesota and Wisconsin.